Attain Sports And Entertainment Acquires Bowie Baysox And Frederick Keys
Jan 13, 2022•almost 4 years ago
Acquiring Company
Attain Sports and Entertainment
Acquired Company
the Bowie Baysox
SportsSportsConsumer GoodsMedia And EntertainmentPrivacy And SecurityConsumer GoodsMedia And EntertainmentTravel And Tourism
Description
Attain Sports and Entertainment – Maryland Baseball, LLC announced that it has purchased the Bowie Baysox, Double-A affiliate of the Baltimore Orioles, located in Bowie, Maryland, and the Frederick Keys, a collegiate summer baseball team that competes in the MLB Draft League, located in Frederick, Maryland effective January 1, 2022.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed